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116-hr-6369116th Congress

To waive certain requirements with respect to in-person appraisals, and for other purposes.

Sponsored By: Representative Sherman, Brad [D-CA-32]

Unknown

Summary

This bill allows interior inspection appraisal requirements with respect to certain loans to be waived through the end of the COVID-19 (i.e., coronavirus disease 2019) emergency period if specified requirements are met. An interior inspection may be waived if (1) an exterior inspection is performed in conjunction with certain contemporaneous verifications, such as video or photographs by the borrower; and (2) an interior inspection may be ordered at a later date.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Sherman, Brad [D-CA-32]

CA • D

Cosponsors

  • Rep. Waters, Maxine [D-CA-43]

    CA • D

    Sponsored 5/5/2020

Roll Call Votes

No roll call votes available for this bill.

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